GE Energy to Provide Aeroderivative Gas Turbine Generator for Paper Mill in Spain

MADRID, SPAIN-June 27, 2007-GE Energy has signed a contract with PAPELERA GUIPUZCOANA DE ZICUAGA S.A. to provide an LM6000-PD Sprint aeroderivative gas turbine generator for its paper mill in Hernani, Spain. A 12-year contractual services agreement with full coverage and availability guarantee is under negotiation.

The LM6000-PD gas turbine generator will generate approximately 47 megawatts and is based on 80 tons per hour of super-heated steam at 64 barg pressure and temperatures of 450 degrees Celsius. It is equipped with a dry low emissions combustion system for NOx abatement down to 50mg/Nms3. The waste heat recovery unit will be equipped with a supplementary firing system.

Approximately 20 megawatts of power generated will be used for feeding the paper mill, while the excess power will be sold to the national utility. The unit will operate in combined cycle, continuous duty at the paper mill plant where steam supply availability is critical. Pipeline quality natural gas is the primary fuel. Shipment is scheduled for August 2007 with an anticipated commercial operation date of February 2008.

Our LM6000-PD Sprint machine will allow PAPELERA GUIPUZCOANA DE ZICUAGA S.A. to operate its paper mill in a more efficient and cost-effective manner, said
Charles (Chip) Blankenship, general manager of GE Energy's aeroderivative division.
PAPELERA GUIPUZCOANA DE ZICU'AGA S.A. is a manufacturer of paper for printing, folding paperboard boxes and paper bags. It is a company of the IBERPAPEL S.A. group, which is an industrial group active in three main areas of business, including forest, industrial and commercial, in Europe, South America and Northern Africa.
GE Energy's aeroderivative division is a leading supplier of aeroderivative gas turbines and packaged generator sets for industrial and marine applications. The company provides power-generating equipment to utilities, industries and marine fleets throughout the world. It is also the world's largest and most experienced aeroderivative gas turbine service provider.

About GE Energy
GE Energy ( is one of the world's leading suppliers of power generation and energy delivery technologies, with 2006 revenue of $19 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels. Numerous GE Energy products are certified under ecomagination, GE's corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges.

For more information, contact:
Ashley Davis
GE Energy
+1 713 803 0371

Gina DeRossi or Howard Masto
Masto Public Relations
+1 518 786 6488<

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